GBIP Cyber Security - Singapore 2024 - Application Form |
GBIP Cyber Security - Singapore 2024 - Application Form
GLOBAL BUSINESS INNOVATION PROGRAMME
CYBER SECURITY – SINGAPORE 2024.
CYBER SECURITY – SINGAPORE 2024.
Innovate UK is inviting ambitious companies to participate in its Global Business Innovation Programme, which aims to help UK businesses to grow and scale on a global stage through building R&D and innovation collaborations and partnerships. This engaging programme consists of a "Get ready” preparation stage, a week-long innovation visit to Singapore (with a tailored itinerary to engage with key stakeholders and gain market insights), an “Exploit the opportunity” post-visit workshop, and support from an Innovate UK innovation and growth specialist - helping your business to identify growth opportunities and develop innovation led collaborations with partners in Singapore.
Innovate UK is committed to ensure that anyone, from any background, has an equal opportunity to be successful
Focus Areas
The GBIP aims to support innovative businesses across the breadth of UK’s cyber strengths and capabilities. We would welcome applications involving cyber security related technologies, hardware and/or software based, that underpin prototype developments as well as products or services in areas including:
· IoT security
· endpoint/mobile and network security,
· operational technology,
· threat intelligence,
· cyber risk assessment and management,
· cyber awareness/training/education.
Those value propositions are expected to be addressing industrial sector applications (one or many) - such as in automotive, manufacturing, telecoms - looking to provide security and resilience against current/established approaches with associated benefits and performance improvements.
Why Singapore?
The UK and Singapore have historically been strong partners, and the cyber security-themed Global Expert Mission (GEM) held in 2019 demonstrated an appetite to work together to address common challenges faced across the cyber security sector and evolving threat landscape. Singapore has strong capabilities in cyber security and is positioning itself as a global center of cyber security expertise given its geographical location amongst the Five Eye group of countries and as a gateway to the ASEAN region (Association of Southeast Asian Nations).
Singapore has an advanced digital economy and is consistently ranked as one of the world’s most innovative cities and is a leading global financial hub with a globally competitive startup ecosystem. Singapore can serve as a gateway to Asia due to its high GDP per capita, healthcare, transport, infrastructure quality and technology adoption, plus an attractive tax system, a familiar legal framework, and the ease of doing business in English.
As industries and businesses in Singapore undergo rapid digital transformation, the demand for cloud-based solutions and adopting on-demand cyber security services are increasing. Across Singapore’s cyber security market, the largest segment in terms of market share is expected to be service based. This growth trend creates opportunities for greater cyber resilience against threats and challenges across digital infrastructure. Singapore has been taking a proactive approach to cyber security having recently amended its Cybersecurity Act 2018, introducing expansion of Critical Information Infrastructure (CII) owners’ responsibilities and regulation of entities beyond CII to include cloud service providers and data centre operators. This suggests that the country is recognising the growth of new business models and opportunities across cyber while keeping pace with the developments in the cyber threat landscape as well as the evolving tech